Neuromodulation Market to Surpass the USD 5 Bn Mark by 2022, Expects DPI Research in Its New Report Available at MarketPublishers.com13 Oct 2016 • by Natalie Aster
LONDON – The world’s neuromodulation market is set to surpass the USD 5 billion mark by 2022. This growth will stem from such factors as the rising prevalence of neuromodulation disease, growth in the geriatric population as well as the strong product pipeline that market players offer to their customers.
Social issues and a high cost of treatment are some of factors retraining this growth. North America is a renowned market leader amongst leaders. Europe and APAC are also in the top tree.
The APAC marketplace is slated to grow at the highest rate, and China, India and Japan will be major igniters.
Spinal cord stimulation forms the largest segment in this marketplace but it will be gradually losing its position in the upcoming years given an increase expected to take place in the deep brain stimulation segment. The latter own is forecast to become an owner of an approximately 20% share by 2022.
In terms of application, chronic pain leads the race. UFI and refractory epilepsy are other leading segments.
New research report “Neuromodulation Market (By Application, Technology, Region and Company) and Forecast to 2021 – Global Analysis” worked out by DPI Research & Marketing Solutions offers a comprehensive discussion of the global neuromodulation marketplace. The study comprehensively analyses the market space on the basis of technology. Then it proceeds with the examination of marketplace on the basis of application fields.
Regional performance is canvassed in the research report, too. The study scrutinizes the competitive situation and limelights driving forces. It throws light on challenges of the marketplace, as well. The report contains historical data and future projections thus covering the period 2010-2021 in detail.
- all-round overview of the marketplace;
- coverage of driving forces, challenges and opportunities;
- insights into the performance of this market;
- investigation of the competitive environment and players’ profiles;
- forecast figures;
- and more.
More new reports by our partner can be found at its page.